Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.082%

Price spread now: Aster against ApeX Omni+0.123%109s7-day average +0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.349% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.907%+$91 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.123%, 7d avg +0.114%

Together, before fees+0.870%+ Points / potential airdropAster: Stage 5 · farm board+$87 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZECUSDT	1,459.4	0.0100	pay 0.0013% / 1h	17m 41s	$410K	$913K	50x
Short	Aster ZECUSDT	1,461.2	0.0100	get 0.0100% / 8h	5h 17m	$14.5M	$28.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.123%Rate

Funding earned: $0
Price spread: +0.123% → +0.114%: $0.93
Slippage, 4 orders: −$16.91
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$33.98
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 46 min ago; Aster: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 46 min ago	4.56 bp	10.5 bp −$11	34.5 bp −$345	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	0.03 bp	5.3 bp −$5	8.8 bp −$88	20.6 bp −$2,060	132.8 bp −$66.4K

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3244%	1h	1,459.5	+0.003%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0083%	8h	1,460.5	+0.073%	$29.1M	$70.9M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,461.6	+0.145%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,461.3	+0.129%	$412K	$43K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,462.1	+0.181%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,459.8	+0.025%	$83K	$241K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,460.2	+0.052%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0049%	8h	1,460.4	+0.062%	$292K	$966K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0061% / S −0.0011%	1h	1,460.1	+0.044%	$410K	—	100x	as long as short
Phoenix ZEC	+0.0074%	1h	1,461.6	+0.149%	$4.6M	$1.4M	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,460.7	+0.088%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,461.4	+0.131%	$16K	$866K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,461.6	+0.146%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,460.2	+0.051%	$2.6M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,462.5	+0.209%	$765.0M	$430.6M	10x	as long as short
Aster ZECUSDTshort	+0.0100%	8h	1,461.2	+0.123%	$14.5M	$28.1M	75x
Pacifica ZEC	+0.0100%	1h	1,461.6	+0.148%	$1.7M	$2.5M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,461.5	+0.138%	$669.3M	$2.23B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,460.8	+0.090%	$265.4M	$604.9M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,460.8	+0.096%	$178.8M	$1.23B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,457.8	−0.112%	$396K	$432K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,456.1	−0.229%	$882K	$21K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,461.3	+0.124%	$49.8M	$174.5M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,461.5	+0.138%	$215.5M	$778.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,461.4	+0.134%	$102.3M	$55.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,461.2	+0.121%	$162.4M	$272.9M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,461.3	+0.127%	—	$97.0M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,461.7	+0.152%	$2.4M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,459	−0.028%	$47.7M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,459.6	+0.011%	$568K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,459.7	+0.015%	$3.0M	$432K	10x	as long as short
ApeX Omni ZECUSDTlong	+0.0100%	1h	1,459.4	long leg	$410K	$913K	50x
StandX ZEC-USD	+0.0100%	1h	1,458.9	−0.038%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,460	+0.038%	$332K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,460.3	+0.056%	$161K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,459.1	−0.023%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,462.4	+0.204%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,460.4	+0.062%	$233K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,460.1	+0.045%	$2.6M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,460.7	+0.089%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,460.9	+0.098%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,460.1	+0.047%	$47K	$153K	20x	as long as short
01 Exchange ZECUSD	+0.0152%	1h	1,461.5	+0.138%	$8K	$7K	5x	as long as short
Kraken Futures PF_ZECUSD	+0.0195%	1h	1,460.6	+0.078%	$18.1M	$44.5M	25x	as long as short
Lighter ZEC	+0.0232%	1h	1,462.9	+0.238%	$19.2M	$46.7M	20x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,462.1	+0.184%	$705K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0376%	1h	1,463.2	+0.260%	$2.0M	$6.9M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0399%	1h	1,461.2	+0.119%	$614K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,461.5	+0.144%	$836K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,461.8	+0.162%	$3.8M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0698%	1h	1,459.5	+0.006%	$45K	$49K	10x	as long as short